Remeber this? GOIH!!!ATLANTA--(BUSINESS WIRE)--November 21, 2006--
Global 1 Investment Holdings Corp. (OTCBB: GOIH), www.global1inc.com,
changes name to Global 1 Investment Holdings Corporation to reflect new
business model. We have published the acquisition structure for the Reg. E
Funds at Acquisition Structure using Reg. E Funds.
Acquisition using Reg. E Funds:
The audit of our first two Funds is completed and will be launched
immediately. We now have at our disposal $10,000,000.00 in equity to be used
for acquisitions and capital infusions for business combinations.
We are negotiating with an investor to provide $2.5 million in capital
(cash) to be used with the Reg. E Funds to acquire an operating business that
will be combined with GOIH and merged into a new entity freeing the company
from what we believe is the stranglehold of Ameritrade and E-trade's market
manipulation.
Ameritrade and E-Trade Trading Restrictions:
Our legal counsel has again contacted Ameritrade and attempted to determine
the issue regarding the purchase of our shares under the new symbol GOIH. We
were again told there is no one who knows why our shares are restricted nor is
there anyone who can make a decision regarding the issue. Accordingly, our
legal counsel will be immediately seeking an injunction against both
Ameritrade and E-trade.
Citigroup Capital Markets:
We received three phone calls from Citigroup Capital Markets on Monday
inquiring of our dividend plans for a European client. Citigroup Capital
Markets is the market maker (SBSH) that handles Ameritrade's trades.
Summary:
We have several financing options we are pursuing to add value and assets to
our balance sheet. Currently we are a debt free company and will use our
various financial instruments to add assets and financial leverage for our
growth. We are seeking operating business wishing to go public for our
business combination program.
About Global 1 Investment Holdings Corporation:
Disclaimer: The below disclaimer is incorporated by reference as if fully
set forth herein this as well as all media releases on Global 1 behalf. The
statements contained in this released are forward looking and may or may not
occur due to forces beyond the company's control.
CONTACT: Global 1 Holdings
Barry Thomas, 404-255-0400
Investor_Relations@mindspring.com
SOURCE: Global 1 Investment Holdings Corp.
Copyright Business Wire 2006
(END) Dow Jones Newswires
11-21-06 1025ET
Any and all posts by me are simply my opinion, DO NOT BUY OR SELL ON MY OPINIONS!
